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XRP price holds key $1.35 support after surging to $1.70, signaling possible broader recovery phase.

Technical Signals
24 Aug 2026, 05:22 WIB
Tokenpost
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Bullish
XRP price holds key $1.35 support after surging to $1.70, signaling possible broader recovery phase.

XRP experienced a strong price surge to around $1.70 before pulling back to about $1.49, supported by increased trading volume. The rally pushed XRP above major moving averages, notably clearing the long-term resistance at $1.35, which is now a critical support level. While technical indicators show the price is overbought and a short-term correction is possible, maintaining support above $1.35 could confirm a broader recovery. A break above $1.70 could target $1.80-$2.00, but a drop below $1.35 would weaken the bullish outlook.

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